31 October 2007

Results: Bharti, GBN etc

Bharti Airtel (consolidated) net surges 87.04% in Sep`07 qtr
Bharti Airtel, India`s top telecom operator, on consolidated basis posted 87.04% growth in net profit to Rs 16,437.60 million for the quarter ended Sep. 30, 2007 as against Rs 8,788.40 million in the corresponding quarter last year.

Total Income grew 46.38% to Rs 63,867.30 million for the quarter ended Sep. 30, 2007. The company reported better-then-expected growth in standalone net profit at Rs 16,191.50 million for the September 2007 quarter as compared with Rs 8,883.50 million in the corresponding quarter last year, a rise of 82.26%,

Net sales in the quarter grew 44.94% to Rs 60,598.90 million as compared with Rs 41,809.10 for the quarter ended September 2006.Total Income in the quarter also grew 45.23% to Rs 61,185.30 million from Rs 42,129.80 million for the quarter ended September 2006.

Central Bank of India net at Rs 2.2 bn for Sep`07 qtr
Newly-listed public sector lender Central Bank of India (Q, N,C,F)* reported a net profit of Rs 2,219.50 million for the second quarter ended Sep. 30, 2007

Aarvee Denims` net down 45.49% for Sep`07 qtr

Pyramid Saimira net flops 5.59% (Q-o-Q)
Pyramid Saimira Theatres announced 5.59% drop in net profit to Rs 151.13 million for the quarter ended September 2007, as compared to a Rs 160.08 million in the June 2007 quarter.Total Income rose 19.25% to Rs 1,465.05 million for the quarter ended September 2007, where as the same was at Rs1,228.51 million for the quarter ended June 2007.

Bank of Baroda net rises 13.46% in Sep`07 qtr

Bank of Baroda a public sector bank announced a 13.46% rise in net profit to Rs 3271.90 million for the quarter ended Sep. 30, 2007 as compared with Rs 2883.60 million for the quarter ended Sep. 30, 2006. Total Income has increased 32.94% to Rs 33,338.30 million for the quarter ended September, 2007 from Rs 25076.60 million for the quarter ended September, 2006.

CESC Q2 net profit up 35%
CESC Ltd's July-September net profit rose 35 per cent to Rs 93 crore compared with Rs 69 crore in the same quarter of previous year. Total income increased 9 per cent to Rs 756 crore from Rs 696 crore year ago. At 12:35 pm, CESC shares were up 1.62 per cent at Rs 587.20 on BSE


Era Infra net vaults 51% in Q2 31
Era Infra Engineering announced a 50.98% jump in net profit at Rs 247.19 million for the quarter ended September 2007, as compared to Rs 163.72 million for the quarter ended September 2006. Total Income increased 61.07% to Rs 2,653.30 million for the quarter ended September 2007, from Rs 1,647.29 million, for the same quarter last year.

Bombay Rayon net jumps 2.7 times in Q2
Bombay Rayon announced a 2.77 times rise in net profit to Rs 306.78 million for the quarter ended September 2007, as compared to Rs 110.76 million for the corresponding quarter, last year.Total Income rose 2.24 times to Rs 2,340.58 million for the quarter ended September 2007, where as the same was at Rs 1,045.40 million for the quarter ended September 2006.

MSK Projects net rises 40% in Q2
MSK Projects announced a 39.93% jump in net profit at Rs 24.11 million for the quarter ended September 2007, as compared to Rs 17.23 million for the quarter ended September 2006. Total Income increased 98.48% to Rs 495.43 million for the quarter ended September 2007, from Rs 249.61 million, for the same quarter last year.

Centurion Bank of Punjab net up 33% in Sep`07 qtr

Centurion Bank of Punjab, a private-sector bank announced 33.76% rise in net profit to Rs 416.40 million for the quarter ended September 2007 as compared to Rs 311.30 million for the quarter ended September 2006. Total Income rose 85.16% to Rs 6,944.40 million for the quarter ended September 2007 where as the same was at Rs 3750.30 million for the quarter ended September 2006

Su-raj Diamonds net up 33.37% in Sep`07 qtr

Asian Electronics` net up 2.99 times for Sep`07 qtr 31
Asian Electronics registered 2.99 times growth in net profit to Rs 298.20 million for the quarter ended Sep. 30, 2007, from Rs 99.50 million in the corresponding quarter last fiscal.
Net sales stood at Rs 966.10 million in the quarter ended Sep. 30, 2007, as against Rs 593.60 million in the same period last year, recording a growth of 62.75%.

Puravankara Projects net up 51.17% in Sep`07 qtr
Puravankara Projects registered a 51.17% growth in net profit to Rs 538.81 million for the quarter ended September 2007, as against Rs 356.42 million for the quarter ended June 2007.
Net sales rose 17.11% to Rs 1,410.08 million in the quarter ended September 2007, from Rs 1,204.06 million for the quarter ended June 2007.

Tata Teleservices registers loss at Rs 777.20 in HY-Sep` 07
Tata Teleservices Maharashtra (TTML) registered net loss of Rs 777.20 million for the half-year ended September 2007.Net sales stood at Rs 8,117.10 million in the half-year ended September 2007.Total income of Rs 8,365.20 million was recorded for the half-year ended September 2007.

Indus Fila net up 41.22% in Sep` 07 qtr (Q-o-Q)
Indus Fila registered a 41.22% growth in net profit to Rs 115.86 million for the quarter ended September 2007, as against Rs 82.04 million for the quarter ended June 2007.Net sales rose 35.66% to Rs 1,169.24 million in the quarter ended September 2007, from Rs 861.87 million for the quarter ended June 2007

JB Chemicals` net up 1.18% for Sep`07 qtr

Aventis Pharma Q3 net falls 31.60%

Chennai Petroleum`s net up 2.37 times for Sep`07 qtr



Vipul Q2 net jumps over two-fold at Rs 12 cr 31 Oct, 2007, 1916 hrs IST
Vipul Ltd on Wednesday reported a more than two-fold jump in its net profit at Rs 11.99 crore.

HMT Q2 net loss Rs 3.24 cr vs net profit Rs 88.09 cr 31 Oct, 2007, 1800 hrs IST
HMT Ltd posted a net loss of Rs 3.24 crore for the quarter ended September 2007 against a net profit of Rs 88.09 crore in the same quarter of the previous year.

Max India Q2 up 104 pc
Max India Ltd on Tuesday reported a jump of over 104 per cent in its consolidated operating profit at Rs 227 crore for the quarter ended September 30, as compared to Rs 111 crore in the same period last year.


ONGC Q2 net profit rises 22%
Oil & Natural Gas Corporation's net profit rose 22.12 per cent to Rs 5, 097.48 crore for the quarter ended September 30, 2007 compared with Rs 4,173.98 crore in the same quarter a year ago.


Spice exports up 29% at Rs 2,100 cr

IOC Q2 net rises 32% to Rs 3,818 cr

Bank of Baroda Jul-Sep net profit up 14%

Canara Bank Q2 net profit up 11%

Aurobindo Jul-Sept net Rs 62.06 crore

Neyveli Lignite Q2 net profit up 41%

Usha Martin's net profit rises 49 pc



Rei Agro net up 74% NEW DELHI: Rei Agro has reported 74.2% increase in net profit for the quarter ending September’07. Net profit for the diversified company having exposure into basmati rice, retailing and power rose to Rs 29.23 crore compared to Rs 16.77 crore in the corresponding period last year. Income from operations increased 91.78% to touch Rs 460.73 crore during the quarter.


Aditya Birla Nuvo Q2 cons net profit at Rs 48 crore
31st-Oct-2007Aditya Birla Nuvo has declared its second quarter results. Its Q2 consolidated net profit was at Rs 48 crore versus Rs 76 crore.


Bongaigoan Refinery Q2 net profit up at Rs 113.23 cr
31st-Oct-2007
Bongaigoan Refinery in Q2 FY08 has posted net profit of Rs 113.23 cr versus Rs 50.29 crore, up 125% on YoY basis. During the same period, its net sales were at Rs 1383.2 crore versus Rs 1754.89 crore, down 21%.


TV18 Q2 cons net profit at Rs 11.44 cr
31st-Oct-2007
Television Eighteen has announced its second quarter numbers. It has posted consolidated net profit of Rs 11.44 crore for the quarter ended September 2007 as against Rs 4.46 crore in previous quarter.


GBN Q2 net loss at Rs 5.81 cr
31st-Oct-2007
Global Broadcast News (GBN) has announced its second quarter numbers. It has posted net loss of Rs 5.81 crore for the quarter ended September 2007 as against Rs 12.59 crore in same quarter of last year and Rs 3.49 crore in previous quarter.


IVR Prime Q2 net profit up at Rs 15.9 crore
31st-Oct-2007
IVR Prime has declared its second quarter results. Its Q2 net profit was at Rs 15.9 crore versus Rs 1.5 crore, QoQ.


Indraprastha Gas Q2 net profit up at Rs 42.8 cr
31st-Oct-2007
Indraprastha Gas in Q2 FY08 has reported net profit of Rs 42.8 cr Vs Rs 34.8 cr, YoY. During the corresponding quarters, its net sales were up at Rs 174 crore versus Rs 154.2 crore.



Indraprastha Gas Q2 net profit up at Rs 42.8 cr
31st-Oct-2007
Indraprastha Gas in Q2 FY08 has reported net profit of Rs 42.8 cr Vs Rs 34.8 cr, YoY. During the corresponding quarters, its net sales were up at Rs 174 crore versus Rs 154.2 crore.


Gammon Q2 net profit at Rs 17.1 cr
31st-Oct-2007
Gammon in Q2 FY08 has repoerted standalone net profit of Rs 17.1 crore versus Rs 26.2 crore, YoY. During the corresponding quarters, its net sales were up at Rs 460.3 crore versus Rs 378.4 crore.


AIA Engg Q2 cons net profit at Rs 27.3 cr
31st-Oct-2007
AIA Engineering has come out with second quarter numbers. It has posted consolidated net profit of Rs 27.3 crore for the quarter ended September 2007 as against Rs 24.1 crore in same quarter of last year.


Amtek Auto Sep qtr net profit up at Rs 63.9 cr
31st-Oct-2007
Amtek Auto in Q1 FY08 has reported net sales of Rs 311.7 crore versus Rs 236.3 crore, YoY. During the corresponding quarters, its net profit was up at Rs 63.8 crore versus Rs 50.9 crore, YoY.


McLeod Russel Q2 net profit at Rs 89 cr
31st-Oct-2007
McLeod Russel has declared its second quarter reuslts. The company's Q2 net profit was at Rs 89 crore (Rs 890 million) from Rs 100 crore (Rs 10 billion).


SpiceJet Q2 net loss at Rs 37.8 crore
31st-Oct-2007
SpiceJet has declared its second quarter results. Its Q2 net loss was at Rs 37.8 crore versus Rs 31.9 crore.


Everonn Systems Q2 net profit at Rs 2.58 crore
31st-Oct-2007
Everonn Systems has declared its second quarter results. Its Q2 consolidated net profit was at Rs 2.58 crore.


Varun Shipping Q2 net profit at Rs 57.64 crore
31st-Oct-2007
Varun Shipping has declared its second quarter results. Its Q2 net profit was at Rs 57.64 crore versus Rs 45.52 crore.


Asian Electronics Q2 net profit up at Rs 29.82 crore
31st-Oct-2007
Asian Electronics has declared its second quarter results. Its Q2 net profit was at Rs 29.82 crore versus Rs 9.95 crore.


BL Kashyap Q2 net profit at Rs 27 cr
31st-Oct-2007
BL Kashyap has announced its second quarter numbers. It has posted net profit of Rs 27 crore for the quarter ended September 2007 as against Rs 10 crore in same quarter of last year.


Ashapura Minechem Q2 net profit at Rs 39 cr
31st-Oct-2007
Ashapura Minechem has come out with second quarter numbers. It has posted net profit of Rs 39 crore for the quarter ended September 2007 as against Rs 17 crore in same quarter of last year.


Pyramid Saimira Q2 net profit at Rs 15.11 cr
31st-Oct-2007
Pyramid Saimira has come out with second quarter numbers. It has posted net profit of Rs 15.11 crore for the quarter ended September 2007 as against Rs 16 crore in previous quarter.


Patni Q3 cons net profit at Rs 99.3 cr
31st-Oct-2007
Patni Computer has announced its third quarter numbers. It has posted consolidated net profit of Rs 99.3 crore for the quarter ended September 2007 as against Rs 147.9 crore in previous quarter.


Matrix Labs Q2 net loss at Rs 9.9 cr
31st-Oct-2007
Matrix Labs in Q2 has posted consolidated net sales of Rs 376.4 crore versus Rs 373.2 crore on YoY basis. During the corresponding quarters, its net loss of Rs 9.9 crore versus net profit of Rs 15.9 crore.


Bombay Rayon Q2 net profit up at Rs 30.7 cr
31st-Oct-2007
Bombay Rayon in Q2 FY08 has reported net profit of Rs 30.7 crore versus Rs 11.1 crore, YoY. During the corresponding quarters, its net sales were at Rs 224.6 cr versus Rs 103.3 cr.


Sesa Goa Q2 net profit at Rs 82.13 cr
31st-Oct-2007
Sesa Goa has declared its second quarter earnings. It has posted net profit of Rs 82.13 crore for the quarter ended September 2007 versus Rs 25.66 crore in corresponding quarter of last year, a growth of 220%.



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Results: RCom, HindalCo, Tata Motors, HUL etc

Reliance Comm (cons.) net up 86% in Q2 (Update)

Reliance Communications on a consolidated basis posted a 85.75% jump in net profit at Rs 13045.70 million for the quarter ended September 2007, as compared to Rs 7,023.40 million for the same quarter last year.Total Income increased 29.85% to Rs 45,785.30 million for the quarter ended September 2007, as against Rs 35259.80 million for the corresponding quarter of the previous year.

Reliance Communications, on a standalone basis posted 73.53% rise in profit of Rs 8,012.40 million for the quarter ended September 2007, as compared to Rs 4617.20 million for the quarter ended September 2006.

Net Sales rose to Rs 33,283.90 million for the quarter as compared to Rs 28,231.90 million a year ago.Total Income increased 17.28% to Rs 33,292.10 million for the quarter ended September 2007 from Rs 28387.20 million for the quarter ended September 2006.The diluted EPS stood at Rs 3.71 for the quarter.

STC net dips 41.57% in Sep`07 qtr


State Trading Corporation of India reported 41.57% decline in net profit to Rs 106.10 million for the quarter ended September 2007, as against Rs 181.60 million for the quarter ended September 2006.Net sales declined 1.74% to Rs 35,333.90 million in the quarter ended September 2007, from Rs 35,961.80 million for the quarter ended September 2006.

Aditya Birla Nuvo net up 2.08% in Sep`07 qtr

Bombay Dyeing Q2 earnings jumps 39.28%
substantial growth of 39.28% in net profit for the quarter ended September 2007, paced by strong sales growth together with 186 basis points increase in operating margins. During the quarter, the company saw a rise in net profit to Rs 142.9 million from Rs 102.6 million in the same quarter of the previous year. Earnings per share for the quarter jumped 39.10% Rs 3.7 compared with the same quarter previous year,

Tata Motors net up 19.27% for Sep`07 qtr

Tata Motors, top passenger car maker, reported better-then-expected 19.27% growth in net profit at Rs 5,268.40 million for the September 2007 quarter as compared with Rs 4,417.20 million in the corresponding quarter last year.
Net sales for the quarter stood almost flat at Rs 66,726.50 million, as compared with Rs 65,717.90 for the quarter ended September 2006

Canara Bank Q2 earnings climb 11%
profit for the quarter ended September 2007. During the quarter, the company saw a rise in net profit to Rs 4,015.7 million from Rs 3,617.7 million in the same quarter of the previous year. Earnings per share for the quarter fell marginally by 0.34% Rs 8.79 compared with the same quarter previous year.


Sterling Biotech net up 36.76% in Sep`07 qtr

Sterling Biotech registered a robust growth of 36.76% in net profit to Rs 498.32 million for the quarter ended September 2007 as compared with Rs 364.36 million for the corresponding quarter last year.Net sales for the quarter rose 54.35% to Rs 2,484.56 million as against Rs 1,609.69 million for the same quarter a year ago.

Essar Steel Q2 net falls marginally by 1.51%
Essar Steel registered a marginal fall of 1.51% in net profit for the quarter ended September 2007, due to 171 basis points fall in operating margin.During the quarter, the company saw a fall in net profit to Rs 1,520.10 million from Rs 1,543.40 million in the same quarter of the previous year. Earnings per share for the quarter fell 28.26% Rs 1.32 compared with the same quarter previous year.

Prithvi Information Q2 earnings climb 21.67% 31
Prithvi Information Solutions registered a growth of 21.67% in net profit for the quarter ended September 2007, helped by robust sales growth. During the quarter, the company saw a rise in net profit to Rs 269.54 million from Rs 221.54 million in the same quarter of the previous year. The company posted diluted earnings per share of Rs 12.03 in the quarter ended September 2007.

Mirc Electronics`net up 6.84% Sep`07 qtr

Nagarjuna Cons. net down 14.45% in Q2
Nagarjuna Construction posted a 14.45% drop in net profit at Rs 336.50 million for the quarter ended September 2007 as compared to Rs 393.35 million for the quarter ended September 2006. Total Income increased 3.81% to Rs 6,775.30 million for the quarter ended September 2007, from Rs 6,526.39 million for the quarter ended September 2006.

IVRCL net up 2.26 times in Sep`07 qtr
substantial 2.26 times growth in net profit to Rs 352.51 million for the quarter ended September 2007 as compared with Rs 155.67 million for the corresponding quarter last year.
Net sales for the quarter rose 87.89% to Rs 6,884.54 million, as against Rs 3,664.13 million for the same quarter a year ago.

Power Grid reports Q2 earnings of Rs 3,712.20 mn
Newly listed India`s biggest power transmission company, Power Grid Corporation of India based in New Delhi reported a net profit of Rs 3,712.20 million in the quarter ended September 07. The total income of the company was Rs 11,081 million for the quarter ended Sep. 30, 2007.Power Grid operates most of India`s interstate and inter-regional electric power transmission system (ISTS). It operates 61,875 circuit kilometres of electrical transmission lines and 106 electrical substations as on Jun. 30, 2007. In fiscal 2007, it transmitted nearly 298 billion units of electricity, representing nearly 45% of all the power generated in India. It has completed 101 transmission projects aggregating nearly Rs 251.81 billion. Presently, it has 45 transmission projects under various stages of implementation as on Jun. 30, 2007.

Hyderabad Ind net up 68.5% in Q2
Hyderabad Industries posted a 68.57% rise in net profit at Rs 11.80 million for the quarter ended September 2007 as compared to Rs 7.00 million for the quarter ended September 2006. Total Income increased 6.89% to Rs 949.80 million for the quarter ended September 2007, from Rs 1,015.30 million for the quarter ended September 2006.

HUL Q3 earnings fall 21.6% (Update)

BPCL net down 17.50% in Sep`07 qtr

Neyveli Lignite net up 41% in Q2 (Update)
Neyveli Lignite posted a 40.98% rise in net profit at Rs 2,310.40 million for the quarter ended September 2007 as compared to Rs 1,638.80 million for the quarter ended September 2006.
Total Income has increased 20.19% to Rs 8820.80 million for the quarter ended September 2007, from Rs 7339.00 million for the quarter ended September 2006.
Net Sales rose to Rs 7,277.70 million for the quarter as compared to Rs 6,079.20 million a year ago.

Usha Martin Q2 net zooms 51.18%
Usha Martin, a leading producer of speciality steel and one of the largest wire rope manufacturers globally, registered a robust growth of 51.18% in net profit for the quarter ended September 2007.During the quarter, the company saw a rise in net profit to Rs 358.60 million from Rs 237.20 million in the same quarter of the previous year. Earnings per share for the quarter dropped 73.32% Rs 1.43 compared with the same quarter previous year.

HTMT Global net rises 25% in Sep`07

MTNL net falls 13.77% in Sep`07 qtr

VSNL Q2 net drops 42.59%

Birla Corp. net up 52.69% in Sep`07 qtr
Birla Corporation registered a robust 52.69% growth in net profit to Rs 1,031.30 million for the quarter ended September 2007 as compared with Rs 675.40 million for the corresponding quarter last year.

Aurobindo Pharma net climbs 84% for Sep`07 qtr
Hyderabad-based Aurobindo Pharma, (Q, N,C,F)* leading API manufacturer, posted a robust 84.70% growth in net profit to Rs 1,009.20 million for the September 2007 quarter as compared with Rs 546.40 million in the corresponding quarter last year.
Net sales for the quarter grew 27.41% to Rs 6,116.00 million, as compared with Rs 4,800 for the quarter ended September 2006.

Hindalco Q2 net rises 7.56%
Leading manufacturer of aluminium and copper, Hindalco Industries registered a marginal growth of 7.56% in net profit for the quarter ended September 2007. During the quarter, the company saw a rise in net profit to Rs 6,428 million from Rs 5,976 million in the same quarter of the previous year. Earnings per share for the quarter fell 4.62% Rs 5.78 compared with the same quarter previous year

Videocon Industries net up 19.03% in Sep`07 qtr
Videocon Industries registered a 19.03% growth in net profit to Rs 2,482.30 million for the quarter ended September 2007, as against Rs 2,085.40 million for the same quarter, a year ago.
Net sales rose 10.56% to Rs 22,753.80 million in the quarter, from Rs 20,581.10 million for the same quarter, last year.



We thank (will be grateful to) the owners of the above articles/sites/sources/Govts www.indiaearnings.com www.moneycontrol.com www.myiris.com www.theeconomictimes.com allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.